Mo Mane Mo' Problems
- May 24, 2016
Well, he's privately financing the stadium himself. The investment could top $5 Billion because he's spending a ton on surrounding development. He may be getting tax breaks from Inglewood, but I'm not sure about their scope. It's an extraordinary investment by what we've seen elsewhere, where teams basically hold cities hostage for funding for their projects (I'm opposed to state funding for stadiums, but that's another conversation entirely).Stan Kroenke was tight with Arsenal because that is his ownership strategy. It had little to do with being stretched by his ownership of the Rams. I thought much of the stadium cost was being paid for by the state, not by him.